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a group of bi- partisian lawmakers outlined a three-tiered plan to avoid automatic tax hikes set to go into effect in january. lawmakers must also lay the groundwork on a basic plan to reduce the federal deficit. the group will begin work on the plan following november's election and have until january to agree on a deal. senators could face some road blocks along the way. senate democrats say they do not agree with extending bush-era tax cuts, while republicans oppose raising tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400 millionaires were paid unemployment in 2009. add to that another 954,000 households earning more than $100,000 also taking home unemployment benefits. the numbers include people who were hired for higher-paying jobs after receiving the government money. in 2011, the senate voted unanimously to end unemployment payments to jobless millionaires. however, it was attached to another bill which is yet to pass in the senate. a bailout for spain is "not imminent." that's according
business. gov romney's central economic plan calls for a 5 billion dollar tax cut, on top of the extension of the bush tax cuts-- that's another trillion dollars and 2 trillion dollars in military spending that the military hasn;t asked for. that's 8 trillion dollars. how we pay for that, reduce the deficit, make the investments we need to make without dumping those costs on the middle class americans is one of the central questions of this campaign. president barack obama and former governor mitt romney adapted to the new format of debate, six segments of 15 minutes each. the next presidential debate is october 16th. mr. romney is expected to hit the airwaves today with a barage of tv ads. according to the new york times, the romney camp has been quietly increasing its ad spend, and could shell out up to $13 million in commericials in swing states. meanwhile, president obama is outpacing mr. romney with tv ads. the times reports it's especially noticeable in flordia, where pro-obama ads outnumber pro-romney ads by nearly 50%. the obama camp is also strategically spending large amounts o
" of expiring tax cuts and spending programs. "right now, it seems as though business doesn't think washington will be that crazy as to let that the fiscal cliff happen. government will solve this and not force the u.s. into recession." as for the presidential campaigning, for all the talk about healthcare costs and tax cuts, only one in five employers surveyed told careerbuilder that the election's outcome would impact their hiring. the rest said it'd have no effect or weren't sure. but retailers plan to use the holidays as an audition for full-time applicants. john challenger says out of 700,000 holiday hires, 25% will see it lead to a full-time position. on the flip side of all this, layoffs are at their lowest levels in a decade. even cutbacks to government payrolls have slowed to 1/8 of what they were a year ago. also from the labor front this morning, navistar is considering closing some factories to get back on track. according to reports, the financiallly troubled truck and engine maker is also cutting its white collar workforce by 800. meanwhile, google says job cuts in its motorola
, the tax break is they don't pay any corporate taxes. so they pass on more of the distribution to the investors. so, the range of yield is anywhere from the mid- 4s to some as high as high 6s. so we run a couple portfolios that have five average 6% yields in master limited partnerships. so, it's a little more gamey. they trade essentially like bbb corporate bonds. but they pay a little bit more than bbb corporate bonds. so it's not for everybody, and it's not for your whole income portfolio. but- > > it's a little bit of a risk. > > yeah. there is more risk. it's in the safer area of your portfolio, but it offers more yield and a little bit more risk than traditional bonds. but for the right person it can be a nice way to enhance your yield. > > do these mlps track what's going on with oil or natural gas? > > not as much. when you think about how they function, essentially, if you own the pipeline, and companies run oil and gas through your pipeline, they're paying tolls. so you're like the tollbooth operator, and you charge them a certain fee every time they go by. so, there's
Search Results 0 to 3 of about 4

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